Quote:
Originally Posted by The Fisher Account
EV guys told me that the hostel probably isn't moving for awhile, as they got a bunch of money after the flood and rebuilt everything and are pretty content.
Nothing a dump truck full of cash can't solve.
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This city needs hostels, and the redeveloped EV is the perfect location for one. If they do sell in the future, I hope they work out a deal to use space within a new development or more to another decent location.
I also doubt they would be motivated to move, when after years and years of being in a horrendous location, they are suddenly surrounded by restaurants, bars and great public spaces. Then again, as you say, money is god.
In my opinion, hostels have a ton of benefits. Firstly, they are great for adding foot traffic to an area. Second, unless a backpacker is particularly broke, hostel guests are usually out and about visiting sites and spending a large percent of their tuition money on beers. Not to mention, these people aren't always here on the weekend, so they are often spending that money on weekdays when bars and restaurants could use the cash. Hostels have the potential to add a good amount of energy to an area.
I have always thought the Kensington area would benefit from a hostel. It would be even more beneficial now than a few years ago since the area has died down significantly (in terms of nightlife).